High labor market churn in the COVID-19 recession may exacerbate barriers to sustained wage growth for workers in high-turnover service sector jobs.
The most recent stimulus bill extends many 2020 changes to the unemployment insurance program but reduces the supplement to weekly benefits.
What explains diverging employment outcomes for college graduates and older workers? Read more in President Tom Barkin’s latest essay.
Labor force participation took a big hit from the pandemic. How then should we interpret states’ reported unemployment rates?
Traditional employment data are often lagged, so during the COVID-19 pandemic, economists and policymakers shifted to high-frequency data that may better capture rapidly changing conditions.
Do the timing and length of lockdowns explain state-level differences in unemployment?
Policy changes and the unique nature of the COVID-19 pandemic may impact the way labor market health is evaluated going forward.
As part of the U.S. response to COVID-19, unemployment insurance recipients are receiving increased weekly payments. For many individuals in the Fifth District, these enhanced unemployment benefits are greater than the wages they earned while at work.
Claudia Macaluso looks at the history of the United States’ welfare system and its effectiveness in combating poverty during recessions and the recent pandemic.
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